Bank of America Network Engineer Salaries by 7 Employees (Updated 2025)

2 - 10 years exp.

₹3.5 Lakhs - ₹16 Lakhs

Low Confidence

Salary of majority employees

86% more than the average Network Engineer Salary in Banking Companies for 2 - 10 years of experience

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Salaries in different departments

Engineering - Hardware & Networks Network Engineer Salary 3 - 10 years exp. (4 salaries)	₹3.8 L/yr - ₹15.9 L/yr
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Customer Success, Service & Operations Network Engineer Salary 2 - 3 years exp. (3 salaries)	₹3.5 L/yr - ₹15.8 L/yr

Last Updated: 25 Jan 2025

Companies similar to Bank of America for Network Engineer

Company name	Avg Annual Salary	Open Jobs
JPMorgan Chase & Co. Network Engineer Salary 0 - 6 years exp. (10 salaries)	₹4 L/yr - ₹10.5 L/yr 25% less
Wells Fargo Network Engineer Salary 4 - 12 years exp. (63 salaries)	₹7.5 L/yr - ₹23.9 L/yr 68% more
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Goldman Sachs Network Engineer Salary 1 - 8 years exp. (8 salaries)	₹7 L/yr - ₹10.8 L/yr 4% less
Morgan Stanley Network Engineer Salary 6 - 14 years exp. (4 salaries)	₹20 L/yr - ₹28.3 L/yr 169% more
HSBC Group Network Engineer Salary 3 - 8 years exp. (10 salaries)	₹5.5 L/yr - ₹13 L/yr 2% less
UBS Network Engineer Salary 4 - 10 years exp. (7 salaries)	₹8.8 L/yr - ₹17 L/yr 41% more
ICICI Bank Network Engineer Salary 0 - 4 years exp. (25 salaries)	₹1.6 L/yr - ₹6 L/yr 55% less
NatWest Group Network Engineer Salary 0 - 4 years exp. (11 salaries)	₹1.2 L/yr - ₹3.7 L/yr 73% less
Barclays Network Engineer Salary 2 - 10 years exp. (10 salaries)	₹6 L/yr - ₹25 L/yr 66% more
Yes Bank Network Engineer Salary 2 - 6 years exp. (8 salaries)	₹2.1 L/yr - ₹5.5 L/yr 69% less
IDBI Bank Network Engineer Salary 2 - 8 years exp. (7 salaries)	₹3.6 L/yr - ₹4.2 L/yr 60% less
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HDFC Bank Network Engineer Salary 2 - 8 years exp. (7 salaries)	₹2 L/yr - ₹8.4 L/yr 42% less
Deutsche Bank Network Engineer Salary 5 - 6 years exp. (7 salaries)	₹5 L/yr - ₹11.5 L/yr 3% less
IDFC FIRST Bank Network Engineer Salary 1 - 6 years exp. (6 salaries)	₹2.3 L/yr - ₹3.6 L/yr 67% less
Standard Chartered Network Engineer Salary 2 - 10 years exp. (6 salaries)	₹3.8 L/yr - ₹17.3 L/yr 10% more
State Bank of India Network Engineer Salary 3 - 8 years exp. (5 salaries)	₹4.5 L/yr - ₹6.3 L/yr 48% less
IndusInd Bank Network Engineer Salary 1 - 9 years exp. (4 salaries)	₹2.4 L/yr - ₹5 L/yr 57% less
Ujjivan Small Finance Bank Network Engineer Salary 0 - 9 years exp. (3 salaries)	₹7.8 L/yr - ₹9 L/yr 7% less
AU Small Finance Bank Network Engineer Salary 0 - 10 years exp. (3 salaries)	₹4 L/yr - ₹6.8 L/yr 43% less

Network Engineer salary at Bank of America ranges between ₹3.5 Lakhs to ₹16 Lakhs per year for employees with experience between 2 years to 10 years. Salary estimates are based on 7 latest salaries received from various employees of Bank of America.

Experience wise Bank of America Network Engineer salaries

Last Updated: 25 Jan 2025

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹3.5 L/yr
3 years (4 salaries)	₹3.5 L/yr - ₹3.8 L/yr
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4 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr
5 years (AmbitionBox Estimate)	₹6.2 L/yr - ₹8 L/yr
6 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹14 L/yr
7 years (AmbitionBox Estimate)	₹9.4 L/yr - ₹12.1 L/yr
8 years (AmbitionBox Estimate)	₹11.1 L/yr - ₹14.1 L/yr
9 years (AmbitionBox Estimate)	₹12.7 L/yr - ₹16.2 L/yr
10 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹16.5 L/yr

View all

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Salary related reviews for Bank of America

Analyst in Gurgaon / Gurugram

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 07 May 2023

3.0

for Salary and Benefits

Likes

The pay is on time, reimbursements are not a problem. Lot of free time and not much stress over deadlines.

Job security - Excellent

+1 more

Dislikes

No deadline stress means no motivation to at all complete work. No promotions, you could possibly retire without a promotion, I seem to be on that journey right now. Also, any harassment complaints fall on deaf ears, even if you are a female employee..the harasser will just be moved to a different department.

Skill development - Poor

+2 more

Senior Software Engineer in Mumbai

Full Time

Engineering - Software & QA Department

4.0

• posted on 05 Jul 2023

4.0

for Salary and Benefits

Likes

Employee Friendly, Flexible work hours, competitive salary, Good Office infrastructure

Salary - Good

+5 more

Dislikes

Long term career growth is difficult, too much competition to reach higher job roles, employee skills not utilized correctly.

Senior Software Engineer in Hyderabad / Secunderabad

Engineering - Software & QA Department

3.0

• posted on 29 Jan 2022

1.0

for Salary and Benefits

Likes

...de jobs( you will not have any focus or knowledge on open source technologies) Pay is not so great compared to other competitors.

Job security - Good

Dislikes

No open source technologies, you will post all your skills.. better to avoid this company. Do not choose GMSP - Fixed income projects.. all GMSP projects using quartz framework. No incentive,no bonus only fixed income. P

Salary - Bad

+4 more

Senior Software Engineer in Hyderabad / Secunderabad

Production, Manufacturing & Engineering Department

4.0

• posted on 21 Apr 2022

3.0

for Salary and Benefits

Likes

Work culture is very good and work life balance is impressive. Everyone in the office very cooperate and helping in nature. Managers and HR partners are very helpful. They will listen to your queries patiently and help you as soon as they can.

Job security - Excellent

+4 more

Dislikes

Salary hikes are average when compared to other product/bank related companies.

Senior Analyst in Mumbai

GIS Department

5.0

• posted on 27 Jan 2022

5.0

for Salary and Benefits

Likes

...d it's the company with a great work ethics, work life balance and job security. Salary is all fixed + Sodexo & transport as an extra benefits. But since it's a bank, lot of projects are on legacy and switching from one technology to another is so difficult, it's only possible if you have good relations with leadership.

Salary - Excellent

+6 more

Dislikes

Since it's a bank so lot of legacy project and some of the guys working in a project from 10-12 years. So it's quiet difficult to get a good latest technology project or if you want to switch technology then you should have good relationship with manager. The other problem is with their is nothing like HR, they always say we are here for you but they are for managers only, and there is no value of associate in their eyes. They just came in picture for selling parental insurance, diversity and throwing policies on associates.

see more salary related reviews

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Bank of America Network Engineer Salary FAQs

What is the salary of Network Engineer at Bank of America ?

The average salary of a Network Engineer at Bank of America in India typically ranges from ₹3.5 Lakhs to ₹16.0 Lakhs per year, depending on experience (from 2 years to 10 years).

The top 10% of Network Engineer at Bank of America earn more than ₹16.0 Lakhs per year, and the top 1% earn over ₹16.5 Lakhs per year. Network Engineer Salaries at Bank of America can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 7 Bank of America employees in India.

What is the estimated take home salary of a Network Engineer at Bank of America in India?

The estimated take-home salary of a Network Engineer at Bank of America in India typically ranges from ₹65,214 to ₹66,878 per month. This is based on the average salary range of ₹3.5 Lakhs to ₹16.0 Lakhs per year for employees with experience ranging from 2 years to 10 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 7 salaries received from various employees of Bank of America. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Bank of America for Network Engineer in India?

Morgan Stanley	₹20.0 Lakhs to ₹28.3 Lakhs per year
Wells Fargo	₹7.5 Lakhs to ₹23.9 Lakhs per year
Barclays	₹6.0 Lakhs to ₹25.0 Lakhs per year
UBS	₹8.8 Lakhs to ₹17.0 Lakhs per year
Standard Chartered	₹3.8 Lakhs to ₹17.3 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Bank of America, depending on the role and experience level.

What is the salary of a Network Engineer in companies similar to Bank of America in India?

The salary of a Network Engineer at companies similar to Bank of America in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

HSBC Group	₹5.5 Lakhs to ₹13.0 Lakhs per year
Deutsche Bank	₹5.0 Lakhs to ₹11.5 Lakhs per year
Goldman Sachs	₹7.0 Lakhs to ₹10.8 Lakhs per year
Ujjivan Small Finance Bank	₹7.8 Lakhs to ₹9.0 Lakhs per year
JPMorgan Chase & Co.	₹4.0 Lakhs to ₹10.5 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Network Engineer at Bank of America in India?

The salary growth for a Network Engineer at Bank of America depends on factors such as experience, performance, and promotions. On average, a Network Engineer can expect the following growth trajectory at Bank of America:

Experience	Average Salary Range
2 years	₹3.5 Lakhs to ₹3.5 Lakhs per year
3 years	₹3.5 Lakhs to ₹3.8 Lakhs per year
4 years	₹4.6 Lakhs to ₹5.9 Lakhs per year
5 years	₹6.2 Lakhs to ₹8.0 Lakhs per year

and so on.

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Bank of America Network Engineer Salaries

Bank of America Network Engineer salary in India ranges between ₹3.5 Lakhs to ₹16 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Bank of America latest salaries received from various employees of Bank of America.